Yellow Mountain Sugar is evaluating Project C$.$ In$$year $4,$ Project C$$is expected to have relevant revenue of $$562,000,$ relevant variable costs of $$402,000,$ and relevant depreciation of $$78,000.$ In addition, Yellow Mountain Sugar would have one source of fixed costs associated with Project C$.$ Yellow Mountain Sugar just signed a deal with Horizon Advertising to develop an advertising campaign for the project. The terms of the deal require Yellow Mountain Sugar to pay Horizon Advertising $$96,000$in $4$years$.$ Relevant net income in year $4$for Project C$$is expected to be $$69,800.$ What is the tax rate expected to be in year $4?$ Input instructions: Input your answer as the number that appears before the percentage sign. For example, enter$9\mathrm{.}86$ for $9\mathrm{.}86\%($do not enter $\mathrm{.}0986$ or $9\mathrm{.}86\%).$ Round your answer to at least $2$ decimal places. $$

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